UK Businesses Looking to Move Jobs and Production Abroad After Brexit

A recent survey was undertaken by CBI (The Confederation of British Industry). The survey revealed that an increasing number of UK companies are creating back up plans with regard to jobs and production to move overseas due to uncertainty surrounding Brexit. But what does this mean for the UK in the long term?

The Economy

With 56% of businesses that were surveyed preparing to adjust supply chains abroad. “Unless a withdrawal agreement is locked down by December”, jobs will be lost. This will have a knock-on effect on the UK economy.

During an interview, Nicky Morgan, a Conservative MP who chairs the Commons Treasury Committee, said: “tremendous damage” is being caused to banks and other large financial services in London due to the current negotiation stand-off.

Increase in demand for relocation services

Naturally, an increase in businesses looking to move overseas means there will be an increase in demand for relocation services. As a business owner, you need to ensure that you have an effective relocation strategy in place. Galleon International are experts in international removals. Our team listen to your every need and tailor our service to suit you. We believe a personal service is essential to keep your employees and their families happy. After operating for almost 40 years, we have gained access to all the local knowledge you need to know to ensure you’re ready to start your new life.

Are you planning to move overseas just in case things don’t go as smoothly as planned?

At Galleon International, corporate relocation services, we have a team of experienced global mobility experts. Our team will create and tailor completely bespoke programmes to suit your corporate relocation needs. To find out more information on how Galleon International can help your business when relocating employees, give us a call today on 01708 868 068.